OSI Osiris Acquisition Corp

TAMPA, Fla., June 1 /PRNewswire-FirstCall/ -- OSI Restaurant Partners, Inc. (NYSE:OSI) today reported that comparable store sales and average unit volumes for the Company's restaurant brands for the four-week period ended May 27, 2006 compared with the same four-week period in 2005 changed by approximately: Franchise Company- and System-wide owned development joint Four weeks ended May 27, 2006 venture Domestic comparable store sales (stores open 18 months or more) Outback Steakhouses -2.5% -2.7% -2.6% Carrabba's Italian Grills -0.4% n/a -0.4% Bonefish Grills 1.9% -0.9% 1.7% Fleming's Prime Steakhouse and Wine Bars 7.4% n/a 7.4% Roy's -3.3% n/a -3.3% Domestic average unit volumes Outback Steakhouses -2.6% -3.4% -2.7% Carrabba's Italian Grills -3.4% n/a -3.4% Bonefish Grills 0.3% -8.0% -0.3% Fleming's Prime Steakhouse and Wine Bars 2.0% n/a 2.0% Roy's -1.8% n/a -1.8% As a result of April and May sales being below expectations, the Company will be revising its full year 2006 guidance with respect to comparable store sales and earnings per share. The Company expects to provide revised guidance in conjunction with its second quarter earnings release in late July and previously provided guidance should be disregarded. Changes in comparable store sales and average unit volumes for domestic, Company-owned restaurants for the four-week period include year to year menu price changes of approximately: Company-owned menu Four weeks ended May 27, 2006 price changes (1) Outback Steakhouses 0.9% Carrabba's Italian Grills 0.6% Bonefish Grills 1.3% (1) Reflects nominal amounts of menu price changes, prior to any change in product mix because of price increases, and may not reflect amounts effectively paid by the customer. Menu price increases are not provided for Fleming's and Roy's as a significant portion of their sales come from specials, which fluctuate daily. STORE INFORMATION Restaurants opened Restaurants during the open month ended as of May 31, May 31, 2006 2006 Outback Steakhouses Company-owned - domestic 1 674 Company-owned - international 2 109 Franchised and development joint venture - domestic -- 106 Franchised and development joint venture - international -- 42 Total 3 931 Carrabba's Italian Grills Company-owned 2 209 Bonefish Grills Company-owned 2 101 Franchised -- 7 Total 2 108 Fleming's Prime Steakhouse and Wine Bars Company-owned 1 41 Roy's Company-owned -- 22 Cheeseburger in Paradise Company-owned 3 35 Lee Roy Selmon's Company-owned -- 4 System-wide total 11 1,350 The OSI Restaurant Partners, Inc. restaurant system operates in 50 states and 21 countries internationally. DATASOURCE: OSI Restaurant Partners, Inc. CONTACT: Lisa Hathcoat, or Dirk Montgomery, +1-813-282-1225 Web site: http://www.outback.com/

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